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NY A09437
Bill
Status
11/21/2022
Primary Sponsor
Donna Lupardo
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AI Summary
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Allows Joshua Quinn, a deputy sheriff employed by Broome County, to elect coverage under the 20-year retirement plan in Section 552 of the Retirement and Social Security Law instead of his current 25-year plan under Section 89-m.
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Quinn was employed as a corrections officer on February 2, 2015, and promoted to deputy sheriff on March 3, 2015, but failed to timely apply for the 20-year plan due to no fault of his own.
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Broome County may elect to allow Quinn to participate by filing a resolution with the state comptroller within one year of the act's effective date, and Quinn must file his election request within 18 months.
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All past service costs associated with the change shall be borne by Broome County, with an estimated one-time cost of approximately $44,500 that may be amortized over five years at approximately $9,940 annually with interest.
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Takes effect immediately upon enactment.
Legislative Description
Authorizes the county of Broome to offer an optional twenty year retirement plan to Joshua Quinn, a deputy sheriff employed by such county.
Last Action
signed chap.609
11/21/2022